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Neptune Rentals offers a boat rental service. Consider the following costs of the company over the relevant of 5,000 to 8,000 hours of operating time

Neptune Rentals offers a boat rental service. Consider the following costs of the company over the relevant of 5,000 to 8,000 hours of operating time for its hours:

Hours of Operating Time

5,000 6,000 7,000 8,000

Total costs:

Variable costs$ 50,000 $ ? $ ? $ ? Fixed costs 210,000 ? ? ?

Total costs.. $260,000 $ ? $ ? $ ?

Question: What is the variable cost per unit?

Question 24 options:

A)

$6

B)

$8

C)

$7

D)

$10

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